weekly digest on startups and investing

Hi You're one of 59,239 pioneers who have joined us to invest in startups you love. This is the first Wefunder weekly - a digest covering all things startups and early stage investing. You'll find companies open for fundraising, entrepreneur stories, investing guides, interesting articles, and ludicrous quotes from history's greatest thinkers and investors. Happy investing! ♥ Wefunder Team NEW STARTUPS ON WEFUNDER Award-Winning Whiskey Aged in Only 24 Hours Traditional whiskey takes 6-12 years to mature in oak barrels. Tom replicates that aging process in one day by rapidly accelerating the pressure and temperature cycles that draw flavor out of wood. Launched May 20, 2016 $17.5 million gear company GoLite relaunches as MyTrail They have the product designs and entire customer email list of GoLite, the $17.5M global leader in lightweight outdoor gear. My Trail is bringing back GoLite’s best-selling products as a new brand with a new focus on sustainable growth. Launched May 18, 2016 Y Combinator: 3D model of your body shows exact weight loss Shapescale creates a photo-realistic 3D model of you that shows exactly where you have been gaining muscles or losing fat. Partnered with their app, you can track which exercises and diets are working for you and optimize your fitness. Launched May 19, 2016 "I want to do one thing, and do it well." - Jan Koum, Founder of Whatsapp MOST MONEY RAISED IN PAST 7 DAYS First Fan-Owned Hollywood Studio LegionM is the first movie studio in history built from the ground up to be owned by fans rather than Wall Street investors. 293 investors on Wefunder Genetic Engineering for Everyone TAXA enables cheaper, faster, and better genetic engineering of plants. Their goal is to put biotechnology in the hands of everyone, starting with the Glowing Plant. 263 investors on Wefunder Improving the Lives of Kids with Type 1 Diabetes CEO Edward R. Damiano has a 15-year-old son with Type 1 diabetes. He's determined to have the Bionic Pancreas approved in time for his son to go off to college carrying one. 240 investors on Wefunder "As a startup CEO, I slept like a baby. I woke up every 2 hours and cried." - Ben Horowitz, Founder of Andreessen Horowitz LATEST WEFUNDER STORIES Rebuilding Southside Chicago Bronzeville is a neighborhood in Southside Chicago, a once thriving epicenter of black music, politics, and commerce. Bernard Loyd is an astrophysicist, former McKinsey associate, and now real estate developer. His mission is to rebuild this historic Chicago neighborhood into a Black food & culture hot spot. Immersive Theater Sold Out 24 Weeks Straight A totally unique immersive theatre experience that’s part nightclub, part stage show, and part time-machine recreated in a Prohibition-era saloon. They're now expanding to a 12,00o sq. ft space in downtown San Francisco. The Only Tent to Spend the Night Atop Mt. Everest SlingFin's founder, Martin, has been building tents since high school and has worked at the biggest outdoor companies: Sierra Designs, Mountain Hardwear, and The North Face. "In my experience, there is no such thing as luck." - Obi-Wan Kenobi OUR FAVORITE ARTICLES FROM THE WEEK How Technology Hijacks People’s Minds Infographic: How Startup Valuations Work Proven Steps To The Most Productive Day You’ll Ever Have QUESTION AND ANSWER Question: Joseph (Redding, CA) asked: What's this law that changed? 80 years since what? Answer: In the aftermath of the stock market crash and during the ensuing Great Depression the SEC passed the Securities Act of 1933. This law regulated the sale of securities (stock) and subsequently limited investing opportunities in private companies to a select few ultra-wealthy investors. The government intended to protect us from fraudsters and from ourselves. Roll forward 80 years. Investing is safer than ever before. We have tools like the internet, background checks, and online banking to prevent fraud. We also believe everyone - no matter how wealthy - is smart enough to allocate their own money. In 2012, Congress passed Regulation Crowdfunding which lifts many of the restrictions passed in 1933. It took the SEC four years to write the rules. On May 16th, it finally happened. We now all can invest as little as $100 in the things we care about. For the first time in 80 years, businesses can publicly raise from their neighbors, customers, or local communities instead of just wealthy angels, bankers, or venture capitalists. This is the start of a revival of capitalism when we become a nation of owners.   |   About   |   Education                    Wefunder Inc. runs wefunder . com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder . com where some Reg Crowdfunding offerings are made.